In television it is a bit 'faded TAM TAM on the sub-prime crisis, the crisis was now almost a thing and everything was back to normal. Instead
is not so and, probably, the effects will last much longer on the economy.
But most that is beautiful, as always, you are given information, without giving training. Why a crisis that seemed to involve the United States has reverberated so deeply in other countries?
What is so "reviled" Derivative?
And it is true that derivatives, such exotic names as hazardous (IRS, futures, swaps, put options, call, plastics) are the cause of all currency crises?
There's actually a fact that nobody wants to hear, Finance creates tools that "facilitate" certain kinds of operations making a total of more simpler, cheaper and faster.
It does not, "the RISK "the price correctly, it can run hand in hand faster, but it does not" evaporate ".
And 'This is the basic misunderstanding.
As you want to put layers and layers and layers of financial products, so called "derivatives" on one main product, be it a mortgage, an action, a currency, a raw material, a problem on the main market, will have an impact on the higher levels amplified.
Why
derivatives attract much?
Why are "multiplier" effects.
The trouble is this, that all fall in love multiplicative capacity and few think that, as we can multiply the gains, you can also multiply the losses.
But in a world that lives for a budget every three months and always in pursuit of profit higher against everything and everyone here is that these tools are increasingly being "abused" to inflate financial results or flesh out a bit 'low.
Unfortunately, from time to time, the counter jumps and who stays with you holding the bag very very bad.
0 comments:
Post a Comment